SBOTF is a well managed enterprise that will go from under $2 to over $5 on the first successful shot past that goalie: all the investors will be on board to catch that growth, the traders... not so much, so enjoy your pennies and higher tax rates.
LSTMF is not well managed but is sitting on 3X money in black gold underground, paying me 9.5% to wait for the stock price to revert back to the mean (or more likely a buy out), which I reinvest... its called compounding, a term unknown to traders. The only real threat to this stock at this price is if we change from using fossil fuels to run our economy.
TGB... well this guy is giggle worthy right now, but everything copper is deep in the crapper thanks to all those chinese margin calls on them copper colateralized loans. But the good news is it's Friday :D
OR now my reinvested dividends will be buying me 11% MORE SHARES for the same amount. Compounding is one of the strongest forces of wealth building for investors.
sometimes I scare myself... closing shorts on plug and buying MORE sbotf. WHY? because when that first shot on goal gets past the FDA goalie, we'll be talking about $9 & $10 for Stellar
Sentiment: Strong Buy
(goog headline for bloomberg link)
Dudes, your government makes our look respectable, and that is REALLY SAYING SOMETHING... I guess you just proved that Crack Pots are better than Crack Heads.
I consider a buy out possible and would be the fastest way for shareholders to obtain value of this mismanaged company, but with some very stellar fields to drill.
6.30 was my reload point as well for my trading Bucks. Also like selling the Oct 7 covered calls @ .30 to amp up total cash for a net entry of 6.00.
Yes, you may have created a monster :P
Sentiment: Strong Buy
Nothing wrong with trading the range and collecting a few divy checks along the way. I don't have a great feeling about their management team... they seem to bumble along without a clear direction, unlike PGH.
Thoughtful post as usual, hardmental. Does your cash flow projections take into account the use of that cash flow being plowed back into Lindy phase 2, phase 3... phase N, and not distributed as dividends?
Your magic math is creative, but consider this: book value per share net of debt is at $7.63... so maybe $140 oil gets us to $9
detriot knows a bankruptcy when it sees one, thats for sure :P
how about the large insider buys just after that first bottom was put in?
Thinking we may be in the process of putting in a "double bottom", but without a "Lindbergh" type catlyst in the company's future, its a bit disconcerting. Business as usual is not good news at this ticker...
The chart just confirmed with the current stock price above the 50ma, that above the 100ma, that above the 200ma. Look for a long, slow but steady climb from here folks